DISASTERS

Ford cuts prices on F-150 Lightning truck

Ford is lowering the price of its F-150 Lightning as plant capacity picks up, the cost of raw materials for batteries falls, and internal efforts are employed to scale production.

Kia to invest $200M in Georgia EV plant

South Korean automaker Kia will spend $200 million on its West Point, Georgia, facility to begin production of an electric-powered SUV, the company said Wednesday.

Amazon-Rivian deal sends shares to new high

Rivian shares hit a new high after Amazon announced it was taking the auto company’s technology to Europe with first rollouts in Munich, Berlin and Düsseldorf, Germany.